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Yen climbs 2% against the dollar, temporarily above 134 yen – after US CPI announcement – Bloomberg

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Yen climbs 2% against the dollar, temporarily above 134 yen – after US CPI announcement – Bloomberg

The yen rose in the New York foreign exchange market on the morning of the 13th. US consumer price index in November (ＣＰＩ), US Treasury yields fell and the dollar weakened following the announcement. The yen was up 2% against the dollar at one point to 134.92 yen. Before the CPI was announced, it was … Read more

China to postpone central economic work conference as coronavirus spreads – Bloomberg

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China to postpone central economic work conference as coronavirus spreads – Bloomberg

China postpones the Central Economic Work Conference, which was due to start on the 15th. A person familiar with the matter said it was due to a surge of new coronavirus infections in Beijing. It’s unclear when a new program will be finalized, the people said, asking not to be identified because the information is … Read more